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the united states and greece. first, we're a huge diversified economy, not a little country dependant on tourism. secondly, people in the u.s. pay their taxes, you know. greece had a deficit of about 7% of gdp. that would be over $1 trillion a year in the united states before the collapse. we have a very different story. the third is a huge difference. we have our own currency. greece is like arkansas. the reason why its interest rates went through the roof. everyone thought that. >> i think the point he was trying to make in that that if we don't do something about this the market will figure out that we have a credit problem in the country. >> the markets are smarter than that. >> when you normalize interest rates, right now they are really manipulated, if you normalize interest rates, you're talking about $500 billion going out the door every year just on interest expen expense. that's just paying the interest on the debt. you think that's sustainable? >> that's a lower interest expense than what we had relative to our economy in the early '90s. we could live with that. we lived wi
out of business. deb? >> saving the environment and trying to rejolt the economy. all right. chris lawrence, thanks for us there in washington, d.c. appreciate it. >>> a mother flying to atlanta tries to soothe her crying child. that's when police say a fellow passenger actually slapped the boy and yelled out a racial slur. parents describe the traumatic incident just ahead. >>> mixed martial arts, a sport that's exploding in popularity in the u.s. going to tell you why. >>> also, remarkable guide dogs, trained by a woman whose hollywood pedestrian grill is very well known. we will talk live to entertainer lauren aluft, daughter of judy garland. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlar
and other theatre, and that's a big effect on local economies, in areas like rampton rode, virginia, san diego. and it's an effect affect that will be clearly felt on contractors who rely on navy contracts for shipbuildings. so i think the affects will be gradual. no one can really tell when the agencies will sort of pull the plug. and as i said, the cuts nay not take effect for that long. >> suarez: you said at the outset there is a political dimension to this. of course as we enter the final week there most certainly is what is the they are telling opinion researchers if friday comes and goes without a deal? >> well, i think part of the problem is that many americans don't really understand what sequestration is. it's become this obsession in washington. but many people are only just now beginning to become aware of it. but the recent, a recent poll by the pew center for research said that many more republicans would be held responsible than would the obama administration. on the other hand, as i said earlier, republicans have been putting pressure on the administration for two years,
the u.s. economy will grow slowly this year as tax increases and spending cuts offset improvements in the private sector. bruce willis is "a good day to die hard" pulled in $25 million. "identity thief" rant and with a close second, 23.4 million. that is the latest from the fox business network. giving you the power to prosper. ♪ customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ dagen: $101.7 billion over the next ten years. the joint committee think this is the cost of a massive new sales tax to pay for obamacare. elizabeth macdonald is here with the bottom line. explain how this is, ultimately, being passed on. >> it is an excise tax or sales tax. look at this number. $7200. health insurers will pass this on. look at this. joint committee and taxation think that health insurers will pass this on. expect it to hit the insurance, basically, consumer in the form of higher premiums. they estimate 2.5% greater cost. we have two congressmen looking
side that when you talk about the economy, when you talk about the economy that the keystone pipeline is not dangerous, that it uses some of the latest technology to prevent leaks, it will bring jobs to the nation's economy. another big agend on the table here is the emission standards. they've already been proposed for plants that are coming online, new plants, but the big issue among a lot of people here is will those standards, those harsher standards be extended to existing plants? so that's a taste of what you're seeing here, protect our health, not big polluters, a lot of people here trying to take a message to president obama. deb? >> all right, chris lawrence there right in the thick of it. obviously a topic that generates a lot of passion on both sides. thanks so much. >>> in los angeles a different kind of rally. dozens of protesters gathering outsite lapd headquarters. carrying plaquers supporting renegade ex-cop christopher dorners. they don't support his rampage but the accusations of corruption, racism and brutality in the lapd need to be adressed so this doesn't happen
professor may learn how bad the economy really is after forcing the students to promise to vote for obama. plus mindy mccready's ex tells how her tragic death could have been avoided. after 1945 u.s. marines invade. >> welcome back to fox and friends first. it is now half past the hour a fox news abelert to bring you ts morning. live video of oscar piss tor pi ry. >> this is what i can tell you looking grim and solemn the judge charging oscar with a pre-meditated murder of his model girlfriend on valentine's day. he sobd uncontrollably in the courtroom as they describe yhow he killed reeva steenkamp. he attached his pros threatic leg before killing steenkamp. she was struck three times in the bathroom. this is video of reeva steenkamp's parents carrying her casket out. it was an emotional and private ceremony today. steenkamp's brother says his family will be remembering his sister for all of the goodness he stood for. >> there is a which ae are goin post the things we remember about my sister and try to continue with the things she tried to make better. >> two of his major sponsors oakle
trillion dollar economy? >> well, if you look at it over all. we need to get on the trajectory to reduce smending it is how the cuts are put in place and especially in the without giving the military leaders ability to and without affecting our strategy. that is what we are in favor. and we reduce spending in the federal government and not just in this manner. they are placed on 20 percent of the budget . 50 percent of the cuts is 20 percent of the spending. there is other way to address spending including the mandatory spending programs. if we don't address social security and medicare, we'll not get our arms around the deficits. >> no, indeed . there is it a lot of talk that that has to happen. this comes back to a year ago when sequestitration employees a bad idea and not supposed to happen. talk about the finger pointing and the blame game. the president said the sequester idea came from congress and evidence showed that the president himself came up with want idea. >> we'll know that the president had that one of the conditions on the budget control act. since that time, i was speak
hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthist americans and biggest corporations. that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off, or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice, that is the question. and this is not an abstraction. there are people whose livelihoods are at stake, there are communities that are going to be impacted in a negative way, and i know that sometimes all this squabbling in washington seems very abstract, and in the abstract people like the idea, you know, there must be some spending we can cut, there must s out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put tough cuts and reforms on the table. i'm willing to
shrinks the deficit faster than a growing economy that creates good jobs. we need to make america a magnet for good jobs, equipping our people with the skills required to fill the jobs. making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that's what the american people expect. that's when i'm going to work on every single day to help deliver. so i need everybody who is watching today to understand we've got a few days, congress can do the right thing. we can avert just one more washington-manufactured problem that slows our recovery and bring down our deficits in a balanced, responsible way. that is my goal, that's what would do right by these first responders, these what would do right by america's middle class. that's what i'm going to be working on and fighting for, not just over the next few weeks but over the next few years. thanks very much, everybody. thank you guys for your service. [applause] [applause] jon: "happening now" at the white house president obama shake hands with a group
chavez. without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed a millions of people and a meteor exploded over russia that unleashed a blasted more than 30 times stronger than hiroshima bomb. folks exploring a lake said they found fragments. meteor although police are warning would be buyers should watch for fraud. nasa experts say about hundred tons of space debris hit the earth every day but most of the objects are tiny specks. >>> you can take everything you knew about the moon and forget it. scientists have made a stunning discovery. they analyzed monday rocks that the apollo astronauts retrieved and they said the moon had more water than scientists first
will be pulled back. the biggest embarrassment now is if the stock market goes vertical and the economy doesn't, the fed in a way has to temper the pace of equity gains. >> don't want any bubbles anywhere? >> what about the suggestion that the federal reserve is going to start winding down qe3. you know, what does that create in terms of disruption in the market? are you expecting that to create a selloff? this is all coming together at a time when we're also worried about rates beginning to spike over sequestration and a credit problem this country has. >> it has to happen at some point. let's say sequestration does happen. that's bond bullish and might replace the buying that the fed might over-wise do. while you might have concern over the exit plan, we don't know what the supply is going to be. in other words, could you see yields go nowhere. >> bruce, we were talking about how defensive issues are relatively speaking outperforming right now. what do you want to buy if you're convinced that we're going to go higher here through the end of this year? what will lead us higher, do you think?
personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve yo
the ammunition? after the republicans say they are to blame? they are the ones that have the economy at a standstill in this country, because of the inability to act and do the right thing? >> from a communication standpoint you get more bees with honey. you would be able to accomplish more if you were civil. as an american and republican, i am disappointed in the president. he has distain for half the country. i would haven't said it. ewould not have sent him away for guy's weekend where he played golf for a weekend and come back to say my gosh, we have a crisis. we could have gotten it done a long time ago, the thing that is crazy is the parade of horribles he talks about was their idea in the first place. take a hostage you're not willing to, you know what. >> kimberly: take them out back and shoot them. >> dana: that is a thing i've heard. >> kimberly: okay. andrea, is this a good idea? talk about context, the history here. >> andrea: we now have an opportunity to reduce the deficit hand is howling about it. i think the president had capital when he came in office. he burned thro
of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at the beach? what side do you like better? i like the results on the right. i'm gonna go with the one on the left. oh! bing won! people prefer bing over google for the web's top searches. don't believe it? go to and see what you're missing. >>> welcome back, everybody. 7:30 on the east coast. a man accused of slapping a crying toddler on a delta flight is now out of a job. joe hundley is no longer being employed. the parents of the 19-month-old boy are still in shock. renee marsh following the story from washington, d.c. >> fired, that's
in the roundtable part of the program inspect. they traded accusations from the economy to the dysfunction in washington. >> it's time for us to lean in again and hold these guys up to a higher level of expectation. you want to move the mouse, you got to move the cheese. we've got to change incentives in this country for good behavior not the kind we're seeing. >> i find it stunning, truly that this president and the democratic party continue to lay all the blame for their failure to achieve anything at the feet of the tea party or ted cruz or whoever the latest villain is. >> also every time newsome appears on "meet the press," it renews speculation that his still has his sights set on washington down the road of his political career. >>> president obama's chief of staff confirms that the white house has been working on its own immigration reform plan. republicans are pushing back hard and say they're waiting to see what a bipartisan group of lawmakers will be offering in the next few weeks. bryan mooar has the story from washington. >> reporter: immigration reform is one of the very few
fiorina. they talked about everything from the economy and immigration reform to dysfunctional washington. >> it's time for us to lean in and hold these guys up for higher level expectations. you want to move the mouse, you got to move the cheese. we've got to change consensus in this country for good behavior. >> i find it stunning truly that this president and the democratic party continues to lay all the blame for their failure to achieve anything at the feet of the tea party or ted cruz or who aever the latest villain is. >> this ramps up the speculation he has washington in his political career. >>> the pope plans to step down in ten days. today's mass at the vatican was packed. more than 50,000 people gathered at st. peter's square today. that is double the number of people who attended just last week. pope benedict's final audience scheduled for a week from wednesday. 35,000 people have already requested tickets to that. he plans to go in retirement in vatican city. >>> here in the bay area, there are varying opinions on who should be the next pope. today in downtown san jose, some
reduction over ten years. with the economy making strides, the white house arguest now is not the time and want hz to replace cuts with more tax revenue despite republican opposition. >> they willpu not even consider anything that includes increased not even closing loopholes for jets or oil and gas companies. that seems to be to be a position that we ought to have them reexamine and come to the table and have a real discussion. >> if you want to look at ways to find $1.2 trillion, let's look at$1 obama care. let's don'ts destroy the military and cut blindly across th reporter: it'h in agreement the dc region will be the most impacted. and coming up at 7:30, a closer looa at what it will mean for ourou local economy. >> all right, melanie. thank you very much. th>>> in other news, a leaked immigration proposal is drawing harsh criticism from republicans. the draft bill leaked to usa today would create a special visa for illegal immaterial grants allowing them to stay in the u.s. only those who have been convicted of less than three crimes and spent no more than a year in pr
to come for the nation's economy, walmart says it expects business to slow down in the coming months. the world's largest retailer reported higher than expected fourth quarter profits on thursday, but walmart said sales are weakening as customers battle rising gasoline prices delayed income tax refunds, and higher payroll taxes. >>> the gasoline prices are at their highest level for this time of year. aaa says the average price for a gone of regular is $3.78 nation wide. that's up 47 cents in the past month. aaa says the higher prices are due to seasonal maintenance at refineries. analysts expect gas prices to rise further in the coming weeks. and the outlook is no better at the supermarket. the u.s. department of agriculture says food prices will rise by as much as 3.5% this year. that's nearly double the rate of inflation. the steep rise is blamed on the severe drought that's gripping farmers and cattle ranchers in the nation's midsection. anne-marie? >> ines ferre here in new york. thank you, ines. >>> when we return, driving in the fast lane. danica patrick
argument is it will cost jobs and hurt the recover i economy. >> my hope is we can see a different course taken by congress. this should be a no-brainer. >> reporter: the president has spend part of the last nine days appearing with the schoolchildren who could lose their teachers and with the first first responders who say they could lose their jobs if the spending money supporting them is cut across the board. i've been very clear that these kinds of arbitrary automatic cuts would have an adverse impact on family on teachers on parents who are reliant on head start programs on our military readiness, on medical health services medical research. this is not a smart way to reduce the deficit. >> reporter: but they point out the cuts will be gradual and very few policemen are paid with federal money. >> it's untrue unfair dishonest, disingenuous. he puts law enforcement -- he puts firemen and policemen who 98% of them are being paid for with your local taxes and says you're going to lose your local policemen because of this. it's not true. >> and yet fu
to increase not just here in the u.s., but globally because of a better outlook for the global economy. the price of oil has been modestly higher since the beginning of the year. you don't need me to tell you that. the good news is it has been relatively stable since the summer, carol. you haven't seen the real crazy spikes that we've seen over the years. carol? >> alison kosik reporting live from new york this morning. move over, guys. danica patrick in the top spot. patrick won the pole position for the daytona 500, becoming the first woman to win a pole at any nascar top division race. she later spoke with cnn's don lemon, who asked her, if she could comprehend that she made history. >> i that i that understanding the scope of what that means and what that will end up meaning, or if any, is something that happens down the road. in the moment, it's about thinking about what i need to do for next sunday and trying to make some more history. i love that to go beyond racing in general, i mean, just to kind of break gender barriers, i feel that one of the coolest things is to be able to
eight months since graduating i'm still struggling with. >> he's not alone. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. a recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vedder at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income, which is quite plausible. we are talking about $400 billion a year in lost wages. >>> numbers like that made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kellock irvin is caught in the middle of it all. for now he takes freelance jobs as a photographer and part-time work with moving co
. the tire can be under inflated. they are losing 2% of their fuel economy. >> it can make a real difference. let's hope everybody checks their tires this morning. greg, great tips. >> we'll be right back. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. i just got start and i'm like "hey, that first 20 came off, well it wasn't too hard at all." i love breads. you can still eat bread. i love my sweets. i can still have a cookie on weight watchers. i love the barcode scanner. occasionally, i'll use it at the bar. of course! that's what it's for, right? bar code. oh i think i'm never going there again. i feel healthy. and just...young again. [ female announcer ] weight watchers online. the power of weight watchers completely online. join for free today. two. three. my credit card rewards are easy to remember with the b
domestic economy airfare have dropped from $579 then to $365 now, though they have started to tick up a little bit lately. so much for that myth that merging airlines causes prices to go up. thanks for watching this week. find me on facebook at velshi. see you monday at 3:30 p.m. for your "money daily." have great weekend. >>> hello, everyone, it is 4 p.m. in the east, 1 p.m. on the west. i'm deborah feyerick in for fredricks whitfield. if you are just tuning in, thanks so much for being here, spending part of your day with us. these are the top stories that we are following right now in the cnn newsroom. >>> danica patrick makes history as the first woman to win the pole for the daytona 500. that puts her in the best starting position for the race next sunday. she clocks a qualifying speed of 196 miles an hour. that's also her first full-time season in nascar's sprint cup series. patrick spent a lot of this week answering questions about her private life, dating fellow sprint cup requires a, ricky citizen house, jr. now, yes, she has something else to talk about. >>>
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at a stand still. this time over a series of w automatic spending cuts due to hammer our economy on march 1. not helping matters is president obama's full blown campaign to pass blame on republicans. tearing into them a new on al sharpton's radio show. >> my sense is that their basic view is that nothing is i important enough to raise taxes on wealthy individuals or corporations. that's the thing that binds their party together at this point. >> dana, from a communications standpoint. >> a good idea to harness all the ammunition after the republicans say they'reth to blame, they're the ones that have the economy at a stand still in this country becausend their inability to act?in >> i think you get more beeset with honey from a communications standpoint and you would be able to accomplish more if you were more civil. as an american, and as a republican, i'm disappointed in the pot and i think wow. like he really doesn't like me. >> i like you. >> i finally realize that he has such disdain for half the country, so i wouldn't have sair it. i wouldn't have done it. i would have said -- i woul
down the economy. president obama is still keeping up public pressure on republicans. he had good conversation with gop leaders like john boehner and mitch mcconnell. both sides are at an impasse. we expect a lot of governors to weigh in. some will be talking with the president at the white house in the next couple of days. >> what kind of effect will have in baltimore? >> you could see it longer lines at the airport, potentially shorter hours. the smaller airports may have a problem with that. a lot of workers could be furloughed if the cuts go through. people will see less money from unemployment. issues with the border control in more southern states along the border. you could see shorter hours at national parks. >> hallie jackson, thank you. >> 30 degrees at the airport. >> big bills and big discussions in annapolis. in annapolis. >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. >> today could be the d
Search Results 0 to 49 of about 85 (some duplicates have been removed)